Not Enough Homes To Sell Despite the housing bust and high foreclosure rates, in some areas real estate agents are complaining that they don’t have enough homes to sell. There is currently an eight-month supply of homes on the market — meaning that, at the current sales pace, it would take eight months to run… Read More
Have The Home Prices Bottomed?
February 6, 2010 By Leave a Comment
Home prices bottomed? According to the PMI Mortgage Insurance Risk Index, the risk of home prices dropping even lower in the next two years is stabilizing in most Metropolitan Statistical Areas (MSAs). The index charts the chance that home prices will rise or fall along a yearly time-line. To do this, PMI analysts translate a… Read More
